Filing for bankruptcy is never an easy choice but sometime the only option that one has. Most people are not clued up on bankruptcy; they are only aware of its ability to clear debts and give you a new start financially. We would like to share some tips with you regarding this that can help […]

For entrepreneurs and business people, the one constant that they are always faced with is the possibility of their business going bust for whatever reason. While there are many things they can try to do to prevent this from happening, such as hiring the best employees, following good business practices, being very effective with their […]

The cost of legal services can often be budget stretching and for the average person, it is often a luxury they cannot afford. Getting legal representation can be heavy on the pocket as legal services are a privilege for those who can afford it. The longer a case is drawn out the more it will […]

The fact that you will be seen as a credit risk by most lending institutions immediately after you have been declared bankrupt does not automatically mean that you will never be able to buy a house. The risk in home loans is rather low for lenders than loans that are not secured loans, such as […]

A personal bankruptcy constitutes a legal process which provides the legal right to a debtor to not have to pay a part or the whole of the amount of money they owe a creditor. The current bankruptcy code was formally enacted in the US in 1978 and amendments were made to it in 2005. The […]